ASSIGNMENT #

01
Management Information
System

Submitted by :Shiraz Saqib Ali

Khan
Student ID :9282

Management Information System :

Management information system, or MIS, broadly refers to a computer-based system that

provides managers with the tools to organize, evaluate and efficiently manage departments
within an organization.
Bank Of Punjab:
With a strong company positioning of Passion reborn driving us, the management of the bank
has implemented strategies and policies to carve a distinct position in the market place. Fortified
with years of banking expertise and driven by the strategic goals set out by our board of directors
and senior management, the bank has invested in revolutionary technology to have an extensive
range of products and services. This facilitates bank commitment to build the trust and
confidence of our stakeholders, and also to a culture of innovation.
Management Information System can be seen everywhere at the Bank of Punjab .Following IT
based products are revolving around Bank of Punjab on the basis of which it is doing its business
in the banking industry
ATM (Automated Teller Machine) An electronic banking outlet, which allows customers

to complete basic transactions without the aid of a branch representative or teller.

SMS Banking SMS banking is a type of mobile banking, a technology-enabled service offering
from banks to its customers, permitting them to operate selectedbanking services over their
mobile phones using SMSmessaging.
Phone Banking Telephone banking is a service provided by a bank or other financial institution, that
enables customers to perform a range of financial transactions over the telephone,

Customer Relationship Management Softwares Customer relationship management (CRM) is

an approach tomanaging a company's interaction with current and future customers. It often
involves using technology to organize, automate, and synchronize sales,
marketing, customer service, and technical support.
Internet Banking: an electronic payment system that enables customers of a financial institution to
conduct financial transactions on a website operated by the institution\

Debit Card : a card allowing the holder to transfer money electronically from their bank
account when making a purchase.
Advantages of IT to the BOP ;

Improved quantity and quality of information

Improved quality and quantity management decisions

Improved quality and responsiveness number of the competitors' condition

Improved operational efficiency and flexibility

Improved quality of internal and external communications
Improved Customer Relationships

Entire banking system of BOP is based on the Information Technology and maintaining strong customer
relationship with the help of CRM Softwares and offering wide range of Electronic Based Products
through which customer can easily do Fund Transfer ,bill payment ,Mobile top ups by the use of ATM or
Phone Banking services.

Conclusion
Management information system is essential for business development. There are many benefits that can
be obtained from the business owner application of information systems. To be able to keep compete with
competitors will require a good and reliable management information systems. Information system
importance in business.